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, a possible tax on bank deposits and austerity measures that could result in the loss of thousands of jobs. that has sparked a protest. welcome to a brand-new hour of america's news headquarters. >> jamie: good to see you. good morning, to all of you. it happens that time is running out fast in cypress. if they can't reach a deal, the european central bank will stop providing emergency funds to cypress after monday, triggering a collapse of the country's banks. greg? >> shannon: hey, jamie, eric. it is crunch time here in cyprus. the economic fate of the country could be decide in the next several hours. all of europe and the united states is watching. the action rate now is in brussels. officials are meeting with the top brass at the u.u., the european central bank. they are trying to figure out a bailout for the near bankrupt country. the terms are tough, including the bank levy, 20% on big depositors at the main bank, which has been very controversial. in addition to that, other demands on the bank system have people worried about their job, worried about their moan. we were out and abo
of dollars of emergency crash and creditors impose onetime tax of 3% on all bank deposits under $130,000. >> going deep here. >> the tax could be closer to 10% on people who have over $640,000 in the bank. that's according to the "the wall street journal" this morning. people stood in long lines over the weekend to withdraw money before the policy went into effect and now russian president vladimir putin is calling the move, quote, unfair, unprofessional and dangerous. russian citizens make up the majority of billions of euros held in cypress bank. this is important. >> cypress. >> who cares about cyprus? >> come on, cyprus. are you telling me if somebody sneezes in cyprus we get a cold than on the nasdaq? >> tell us why. >> we have a cold on the nasdaq. the nasdaq is going down today. not too many people care about cyprus but a way the europeans have screwed up the bailout by getting the people to pay a part of the cost. you could have a run on the bank and europeans say why do i have my money in this bank? might be a tax on me next. it shows that europe is still a mess, that they h
national debt, and even a bib llically based call r a flat tax. that's what i love. is he the conservative that can save the gop? here is the aforementioned dr. ben carson. director of the pediatric division at john hopkins university. and with us this hour, cnbc contributors keith boykin. as always, dr. carson, great to see you. i'm reading one of many articles that you're retiring in 100 days. i wonder if you would share future plans, especially public service. >> i have a lot of things on my agenda. i've got ten international trips. a multitude of speaking engagements around this country. we're working very hard with the college fund. we're in all 50 states. we're putting in reading rooms all around the country. particular particularly targeting title one schools. >> as you know, senator carl levin is retiring. any interest in that open senate seat? >> people keep trying to put me into politics. i don't believe i fit the mold. i don't believe in political correctness, and i certainly don't believe with getting into bed with special interest groups. i just don't believe i'd fit. >> how a
approved a measure that exempts several tax measures for the n-f-l. kron 4's j.r. stone talked with santa clara's mayor who says this is a win win deal for everyone. while some still question this move?.mayor jamie matthews told me tuesday evening that the city will as part of the agreement that was unanimously approved?.hotel tax?s for 350 of those with the nfl will be waived. two tax surcharges that would go to funding the new stadium are also waived among other things. the mayor says money will be made back from filling hotels and also private donors. some that i talked with this evening are still not happy with the city?s decision. santa clara is competing with miami for the 2016 super bowl. miami however chose not to give in to these requests made by the nfl. mayor matthews believes this move puts santa clara in a prime position to get the big game. while there was lots of super bowl talk tonight keep in mind the nfl won?t make their decision on a location until late may. reporting in santa clara j.r. stone kron 4 news. now to a developing story in san jose. police are looking for a
think we need to regulate, tax and legalize marijuana so the -- that's a huge reason, that's a -- i hi we immediate to -- legalize it, tax it, regulate it. >> this idea about useful but overused. i want to explore that idea. because i think that's been the -- that's sort of the line for a lot of people, christine quinn, said that before. previous communications. called it a useful tactic. should we just ban the tactic? should people not get stopped and frisked? >> i disagree. it is -- policing tactic that's been wildly overused. obviously in many cases using it in unconstitutional manner. look, now you need the reform, the approach, and we need a new police commissioner. this is the difference i have certainly with christine quinn who wants to keep ray kelly, ray kelly has been the architect of the overuse and stop and frisk. we need inspector general. when we have had in new york city, think about magnitude here. hundreds of thousands of more stops a year. there was never a vote on that. never a public debate. >> comes back to, again, the need for a new mayor. and a mayor who understa
.d.p. which is what they're now perhaps going to get. by taxing depositors, they actually have the ability to also tax nonresidents, as we saw in your clip just now. there's a lot of british there but there are even more russian depositors so in that sense you actually end up having the ability to bring in tax revenue from non-cyprusians. that's a big advantage for the government of cyprus because this is money that otherwise they would have had to raise by cutting pensions or other types of austerity measures. >> woodruff: the russians and others stand to be hurt pretty badly by this. >> basically that's part of the strategy or the intent of both the euro area, the i.m.f. and the cyprusian government. >> woodruff: but the signal that sends, i mean, what's the message it sends to the rest of europe? i mean, how worried should they be that what's going on in cyprus and we don't know how this is going to play out because the banks are closed for the next few days. how worried should the rest of the banks in europe be? >> i don't think there's an immediate risk of sort of contagious bank run
is the answer to everything. more tax, more spending. ours is, let's save medicare, let's save social security, let's downsize the federal government to a size that is manageable and affordable. >> shannon: there are all kinds of fiscal issues with the budget, with sequester and the debt ceiling, not far off. have you offered a number of ways that you think the federal government could be cutting back. your office is good at looking at budgets and plans. you have note aid number of things that could have been done n. liu of closing the white house to public visitors, but did you have bipartisan crossover. >> i had bipartisan crossover because they're getting ready to run for election. there is a game play in the senate. this administration wants to show the american public that we can't cut $44 billion between now and september 30 without them experiencing massive pain. they have every intention to make it hurt to get the point that we need to spends every penny we are spending. which is absolutely ludicrous. it's a shame they are doing that because a lot of things -- we are going to have air
union leaders called for a tax on savings accounts, prompting a drop in global stocks. >. it's outright theft. >> woodruff: jeffrey brown kicks off a week of stories about the middle east, starting with israel's new governing coalition sworn into office today. >> ifill: paul solman reports on older workers in academic institutions, professors in the classroom long past age 65. >> am i keeping track of jobs? yes. that's okay. as long as i'm a good teacher, that's what's important. >> woodruff: and we examine the republican national committee's call for a new direction for the g.o.p., a road map hoping for a rebound in 2016 and beyond. >> ifill: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation
-year spending plan written by democrats. they call for higher taxes to fund government programs. house speaker john boehner remained skeptical. >> the budget that senate democrats are considering never balances, ever. that means more debt, fewer jobs and, frankly, much higher taxes from the american people. >> sreenivasan: the negotiations over these competing party visions for governing will begin in earnest when president obama submits his spending blueprint on april 8. with their work done, house members leave town today for a two week recess. while senators will remain in a marathon session until a vote on their own plan to fund the government. judy woodruff takes it from there. >> woodruff: for what's happening behind-the-scenes, we turn to todd zwillich, washington correspondent for "the takeaway" on public radio international. welcome back to the newshour. >> good to be with you, judy. >> woodruff: first this vote to keep the government funded by the end of the fiscal year, both the house and senate passed this. does this mean democrats and republicans finally see eye to eye on somethin
banks. well, the people protested and lawmakers unanimously voted no, no taxes on private accounts. so now what? welcome to the rescue. the country has 20 billion in cypriot banks and wants to top the natural gas reserves. the finance energy advisors immediately hopped on a plane to russia. move over, harrison ford, vladimir putin might be the hero of this story. "varney & company" is about to begin. and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >> it's wednesday, march 20th, the first day of spring. well, the season may change, but the same winds are blowing in washington. the white house continues to insist on maximum pain from sequester cuts. we're seeing more cuts used for political reasons instead of cutting back on things we don't need
gas. the parliament of cyprus voted to reject a bill that would tax bank deposits in order to qualify for an international bailout package. to receive $13 billion from the e.u. and the international monetary fund, cyprus has to raise $7.5 billion on its own. but taxing people's bank accounts proved unpopular, even when the provision was added to shield small savers. banks across cyprus will remain closed until thursday to avoid a run on cash. uncertainty about the cyprus situation set markets around the world and on wall street on edge. the dow jones industrial average gained more than three points to close above 14,455. the nasdaq fell eight points to close at 3229. seven u.s. marines were killed after a mortar unexpectedly exploded during a training exercise in western nevada. military officials said that prompted the pentagon to halt the use of the mortar worldwide until an investigation can be completed. the accident happened last night at the hawthorne army depot. the marines who were killed were based at camp lejeune in north carolina. seven other marines and sailors were injure
as two tax surcharges that would go funding the new stadium. while santa clara's mayer says the money will be made back from private donors and filing that as spilling hotels, some committee members said they're still not happy with the city's decision. >> santa clara is competing with miami for the 2006 superbowl. --2016 superbowl. miami however chose not to give in to these requests made by the nfl. santa clara mayor belize this move as a city in prime position to get the big game. the nfl is not suspected--x spec to make their decision on the location until late may. >> site mary's had advanced in the first round of the ncaa tournament. the gaels beat middle tennessee state 67-54. the m > welcome back. the time is 4:10. >> the man suspected of killing five people inside his san francisco appeared in court yesterday. bin thai luc and be a non native pleaded not guilty to five counts of murder plus
an amendment the medicalveal device tax in the 2010 health care law. again, the debate is underway. we caught up with a capitol hill reporter for inside information on the budget proposals in the house and senate. among the amendments they have debated and .ost: let's talk about the cr guest: congress is saying at least for today we avoided a showdown. the senate has passed it, the house passed it yesterday, and what it does is continue what we have seen from government funding. this is the era that we live in. rds that disagree on the way spending and taxes should go -- parties that disagree on the way spending and taxes should go. it keeps the sequester in place , although it does gives -- give .ome flexibility basically, it keeps in place what we thought we already had, which is a working government, sequester, and the ongoing pay freeze for federal workers. host: is the sequester here to i am starting to think that it has to be. twos harder to see how the sides reach an agreement when the democrats say let's replace half of it with taxes and republicans do not want that. i do not think de
, e-file and you can even chat with a tax expert. get the federal free edition at turbotax.com. hello ladies. how's "book club"? it must be hard to discuss literature with your mouths full of my kraft mac & cheese. ♪ i've got a book for you. it's called: "a mother's betrayal!" by timothy j. koehler. ♪ it's an autobiography. [ male announcer ] gooey creamy delicious kraft macaroni & cheese. ♪ you know you love it. ♪ all right that's a fifth-floor probleok.. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. feel like you're growing older... waiting to look younger? don't wait. [ female announcer ] get younger looking skin fast. with new olay regenerist micro-sculpting cream. the next generation with 2 new anti-aging ingredients. it penetrates rapidly. visible wrinkle results start day 1. and you'll see younger looking skin before you even finish one jar.
years with housing tax credits or through other public loan programs. and in many cases we are repaid. in fact, we have another loan with the -- with [speaker not understood] at the end of the month we're hoping to be repaid about $3.6 million on an old loan from 1986. so, i don't believe that there is risk to the city and, in fact, the 55-year term loan will ensure that the long-term benefits to the city beyond the loan to value requirements. >> thank you so much. >> thank you. colleagues, any questions or comments? why don't we open it up for public comment. is there any member of the public who would like to comment on aye tell number 1? please step forward. public comment will be two minutes. ~ item >>> good evening, supervisors. my name is ace washington. and you know i'm just doing my regular routine to city hall today. i'm back and forth. having a look in here. and i'm supporting -- i go back 27 some years ago. i'm surprised they're still around. i support them wholeheartededly. i'm also here to show a parallel something that is going on. ~ you mentioned about the city hall int
to waive the hotel taxes that could mean millions of dollars. >> off what could help santa clara, san francisco is the fact that miami the other city competing for 2016 has told the nfl will not waive the hotel taxes. santa clara will decide if that will happen. >> we will look at that and perhaps at that time they will say the bay area is a much better deal and miami. >> will have to wait and see. do we have any idea when they make the decision. >> the owners have to get together and vote? >> may 22nd there will make the decision. they have to give the host city several years to prepare to get the infrastructure in place. they have to build facilities if necessary to host insuperable. >> if i just left norland it is huge. you need all kinds of buildings conference rooms and all these things to host the nfl media as well as the activity for the fans. >> we shall see will. thank you for the update. 7 07 we will be back with more in a couple of minutes. a live look outside as we wait for the weather is a change. if we're looking at storm had our way. will have more on the timing in a co
of the measure, hotel taxes and those with the nfl will be waived as well as to tax surcharges that would go to funding the new stadium. while santa clara's mayor said the money will been made back from the private donors and from filling the hotels, some community member say that they are still not happy with the city's decision. >> santa clara is a competing with miami for the 2016 super bowl. miami however, chose not to give in to these requests that were made by the nfl. santa clara's mayor believes that the move puts the city in a prime position to get the big game. the nfl is not expected to make their decision on a location until late may. >> we will be right back. [ teen ] times are good, aren't they, kids? it's nice having u-verse, isn't it? see back in my day, we didn't have these newfangled wireless receivers. fangled? no, we watched march madness in the living room... that's where the tv outlet was. what is he talking about? and if mom was hosting her book club that day, guess what...you missed it! we couldn't just move the tv all willy-nilly all over the house. ohh! ohh! k
and samsung's executive. the package includes tax breaks and equipment reimbursements. the city of austin, texas was offering similar incentives in an effort to get samsung to move there. >>> sal is back. don't tell me we have caltrain delays, sal. >> we do. as a matter of fact, we do. unfortunately, these delays to be for a while, tori and dave. this is because of a train, a northbound train, 211, apparently hit someone. this is reportedly. we're trying to confirm. northbound train 211 has hit a pedestrian in mountain view. we can go to the maps. i'll show you that the area here that's where the train travels can be delayed for the entire system. the freeway nearby, not all that busy. unfortunately, when there are major caltrain delays, some people choose to drive. you might want to think about that if you are driving on 101 or on 280. we'll get more information on this. this is just coming in. let's go to live pictures. that's backed up for about a 15, 20 minute delay. finally got some help for that stalled vehicle we were talking about, the tow truck is there at the bottom of the scree
reed and samsung's executive. the package includes tax breaks and equipment reimbursements. the city of austin, texas was offering similar incentives in an effort to get samsung to move there. >>> sal is back. don't tell me we have caltrain delays, sal. >> we do. as a matter of fact, we do. unfortunately, these delays to be for a while, tori and dave. this is because of a train, a northbound train, 211, apparently hit someone. this is reportedly. we're trying to confirm. northbound train 211 has hit a pedestrian in mountain view. we can go to the maps. i'll show you that the area here that's where the train travels can be delayed for the entire system. the freeway nearby, not all that busy. unfortunately, when there are major caltrain delays, some people choose to drive. you might want to think about that if you are driving on 101 or on 280. we'll get more information on this. this is just coming in. let's go to live pictures. that's backed up for about a 15, 20 minute delay. finally got some help for that stalled vehicle we were talking about,
of dollars in exchange for santa clara to host the super bowl. as a are the measure, hotel taxes to of those up with the nfl will be waived as well 2000 as to tax surcharges that would go in and funding to in new stadium. santa clara is competing with miami for the 2016 super bowl. miami however chose not to given to the request made by the nfl. santa clara's mayor believes as moves as the city and a prime position to get the big game. the nfl is not expected to make their decision on the location until late may. 7:36 a.m. and we will take a break. a live look at the james lick freeway, try the backing up a little bit on southbound 1 01. overall, not too bad. we will be right back. [ malema announcer ] whewn it comes to the finannacial obstacles milmitary families face, we understand. our oufinancnaial advice is ge gared specifically to cuo rrent enand former mily me mbers and their familie lifle brings obstacles. usaa bra ings retirement advi. that's my late night munchie meal. comes with one of four awesome new entrées. i got an exploding cheesy chicken sandwich! i got a stacked grilled c
to collect sales tax from all out of state internet retailers will take place in the senate today. inevitably, it has a lot of support from the big box retailers in particular. let's bring in john harwood who is live from d.c. though this may just be a symbolic vote, weir to are told john. >> symbolic, but not meaningl s meaningless. it's a spring training of sorts to test opinion within congress on various causes. we saw a vote yesterday on the budget resolution, on the repeal of a medical device tax that was included to help finance the national health care law in the early part of the obama administration. the reason it's spring training is that budget resolutions themselves are not lost. so these are not binding votes, but they're a way to test sent ims for what they make later on and that's what we're seeing on the online sales tax situation. 48 states already have laws on the books requiring online retailers to collect state sales tax, but those laws are often ignored and you have a bill that has some bipartisan support that would require all states to collect those taxes. if split, th
and arranging our tax system so that we have economic growth. >> the democrats budget plan would net $1 trillion from cutting tax loopholes. republicans propose overhauling medicare, rolling back healthcare reform and making other cuts. >>> the defense department released the names of five u.s. service members killed when their helicopter went down in afghanistan last monday during a rainstorm. the dead were identified as staff sergeant steven blast of iowa chief officer henderson and captain sarah nut son of maryland. all of them were 27. also killed were 31-year-old staff sergeant mark sealdo of map m the, florida and zackery shannon of florida. the military says there was no enemy activity in the area at the time of the crash. >>> the fear is different. >> ten years since the beginning of the war. how people in that country say life changed. >> and a spectacular sight overseas. the volume can in this case blast that sent lava flying nearly 10,000 feet. >>> and madonna once again making a statement, a comment she made in support of the gay and lesbian community. if yo, then you'r
sure that the tax dollars are being well spent so i want to encourage you to keep that very firmly in mind. this is a somewhat unique setting. >> i agree wholeheartedly. that's a good point, and it also speaks to commissioner mar's comments about outreach and inclusion in the stakeholder engagement process. if you look at the timeline today is march march 18. we have basically this week to do community engagement which means from the standpoint of scheduling and making it happen that's a very, very aggressive timeline in order to produce a document that you will have to review and approve on the following week, so what i might suggest that we might want to do as part of this process is have some of that community engagement be on-going. the fact that we have a recruitment profile that has been produced does not necessarily impede us from listening to our stakeholders and being able to integrate additional comments into the selection and evaluation part of the process which is equally important as identifying what the key characteristics are, so even though we may not have compl
. the senate to pass a budget. they have forced spending cuts. they are not moving on tax increases and the president has become forced to try to deal with republicans now soe they can come to some consensus how to move forward. that is why you see republicans moving up. they are showing leadership while the president was showing a permanent campaign basis. >> heather: i want to talk about the likeability factor of president obama. he is on this charm offensive. do you think that perhaps he is seeing the numbers that have been recently released the pew research center talking about his overall likeability. 47% of americans say they approve of president obama that is down four points from last month and 8 points since last december. i know you said, julie, that is not abnormal, that does happen during a second term. they go up and all of a sudden they go down but president obama's numbers have dropped more steeply than his predecessor. what do you make of that? >> look, people are fed up with what is going on in washington. when they voted, they said, look we'll resolve a lot of thin
nd straight trading day. worries about a controversial bailout -- and a bank tax in cyprus kept investors on edge. here are today's closing numbers. the dow fell 62 points. the nasdaq dropped 11 points. and the s-and-p fell eight points. the vatican has released details of the pope's installation mass tomorrow.. it will be a simpler version of the 2005 ceremony for pope benedict. more than 132 government delegations will attend. including representatives of christian, jewish, muslim and other faiths. the mass will be at saint peter's square. and is expected to last about two hours. before the ceremony, pope francis will receive the fisherman's ring. made of silver and gold with the image of saint peter. we'll carry the pope's installation mass live -- at one-30 a-m on our 24- seven bay area news channel, comcast 193. or you can watch it streaming online at kron4.com. first soda -- now cigarettes. new york city mayor michael bloomberg is targeting tobacco sales. he wants to require stores to keep tobacco products out of sight unless an adult is buying something.or employees are r
with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. at tyco integrated security, we consider ourselves business optihow?rs. by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, there's no stopping you. we are tyco integrated security. and we are sharper. >>> 15 past the hour. time to check our top stories. italian supreme court will decide if amanda knox should stand trial again for the hur of her roommate. the american student whose stories captured worldwide headlines spent four years in an
a bailout and a bank tax in cyprus kept investors on edge. here's a look closing numbers. the dow fell 62. . >> the nasdaq dropped 11. . >> of the s&p fell eight. . >> city group has agreed to pay seven of the $30 million to settle a class-action su$730 million to settle a class-action lawsuit that claimed investors were misled by the banks' disclosures when they purchased its debt and preferred stock. the investors purchases were made from may 11, 2006 through november 2008. to group inc. denied the allegations but agreed to the settlements or to get rid of future expenses and uncertainties that came along with the drawn out litigation. >> coca-cola is taking of water and doing what coke is famous for giving it some bubbles and flavor. the company confirmed monday that it would introduce a lot of fruit flavored seltzer water is called for water started a first. for water comes at a time when americans are drinking less soda, after per capita sales hit a high in the late 1990's. the decline has been attributed to growing concerns about obesity, as well as the proliferation of options in t
responsible is of course, you had the bush tax cuts. then right after, you had the attacks on september 11th and you had the war on afghanistan, which i supported and almost all of the members of congress did, because those were the people that attacked us. but then, you had the war in iraq and both afghanistan and iraq were fought as quote emergencies, which means they weren't included in the annual deficits. so, now, when they're talking about a budget that cuts student loan programs for gi members, people coming back from iraq and afghanistan now they're not getting their student loans. because this was all fought off budget. i think that's political malpractice on the part of the republican party. they should have budgeted for this. >> well, from a congressional physician of the soul like diana degette, thank you so much. now to dr. james peterson, msnbc analyst and director of africana st studies. professor, millions oppose the war, but as you know, and i'm sure you remember, their voices were significantly marginalized. give us a sense of how that happened. >> there's a lot of context
and other agencies that benefit from property tax. >> all of those agencies now must get in sync, and agree to the fact that the ballpark is an important asset, that would benefit all of them. >> reporter: wolf seemed to be making that argument when he discussed the benefits of the ballpark. >> it's a regional impact. it's sad when we don't look at it in a regional way. >> reporter: today the san jose mayor expressed disappointment, but still ruled that it was valid. >>> a san mateo county man who was tased by a national park ranger filed a lawsuit today against the federal government. gary hesterberg of montero is seeking half a million dollars in damages. he was walking his dogs in the golden gate national recreational area near montero last year, when rangers shot him with a stun gun. the parks service claims hesterberg was uncooperative, and gave a fake name when one of the rangers confronted him about having the dog off leech. >>> a temporary restraining order would have allowed nudity to return to san francisco streets. an appeal is working its way through the courts. the u.s. distric
be sold, with the money going mainly to school districts and other agencies that benefit from property tax. >> all of those agencies now must get in sync, and agree to the fact that the ballpark is an important asset, that would benefit all of them. >> reporter: wolf seemed to be making that argument when he discussed the benefits of the ballpark. >> it's a regional impact. it's sad when we don't look at it in a regional way. >> reporter: today the san jose mayor expressed disappointment, but still ruled that it was valid. >>> a san mateo county man who was tased by a national park ranger filed a lawsuit today against the federal government. gary hesterberg of montero is seeking half a million dollars in damages. he was walking his dogs in the golden gate national recreational area near montero last year, when rangers shot him with a stun gun. the parks service claims hesterberg was uncooperative, and gave a fake name when one of the rangers confronted him about having the dog off leech. >>> a temporary restraining order would have allowed nudity to return to san francisco streets. an appe
. >>> the democrats are calling for almost $1 trillion in tax increases over the next decade. they also want to save social programs that republicans want to eliminate. standing in the way are many many amendments. >> we had about 400 amendments filed. we're not going to do 400 amendments. >>> the senate rejected a proposal by paul ryan. president obama is scheduled to offer his own program in a few weeks. >>> the aviation administration -- there's been no decision yet on the airports near santa rosa, napa, concord, livermore and san carlos. reporter mike lurey reports on a pilot in sacramento who worries about safety. >> i'm hoping that there's going to be a last minute deal before these things actually close. >>> scott miller is a pilot, he trains his students how to use the radios in the airplane to maintain proper spacing for take offs but says traffic controllers will be missed. >> being able to call traffic controller and help us locate other traffic we'll have to do those tasks ourselves. one experienced worker at executive was blunt about the anticipated impact. >> initially i think we'll ha
not dangerous. >>> the democrats are calling for almost $1 trillion in tax increases over the next decade. they also want to save social programs that republicans want to eliminate. standing in the way are many many amendments. >> we had about 400 amendments filed. we're not going to do 400 amendments. >>> the senate rejected a proposal by paul ryan. president obama is scheduled to offer his own program in a few weeks. >>> the aviation administration -- there's been no decision yet on the airports near santa rosa, napa, concord, livermore and san carlos. reporter mike lurey reports on a pilot in sacramento who worries about safety. >> i'm hoping that there's going to be a last minute deal before these things actually close. >>> scott miller is a pilot, he trains his students how to use the radios in the airplane to maintain proper spacing for take offs but says traffic controllers will be missed. >> being able to call traffic controller and help us locate other traffic we'll have to do those tasks ourselves. one experienced worker at executive was blunt about the anticipated impact. >> in
in many places people in the hospital, people who are sick. you don't have the same rights under tax laws, you can't have the same benefits. it's not legal to be a same-sex married person in many states. >> again, i disagree with you, because when something is illegal, you can go to jail for doing it. it's illegal to kill, it's illegal to rape, it's illegal to steal. being in a same-sex relationship is not illegal. it's not a matter of semantics. you're using the wrong terminology. >> you're using the wrong terminology. being married in certain states is illegal. >> go ahead, ryan. go ahead. >> i don't really think it's absurd. i think you're being a little rude. i think a lot of americans -- >> i don't appreciate you coming on -- >> they want laws to reflect that. and it's not a matter of legality. the matter is what is marriage. >> if it wasn't legal, it wouldn't be going to court to legalize. >> it was going to redefine -- >> it's going to the supreme court so that it can be legal across the country. it's not going to be redefined. that's not why it's going to the supreme court. >> it
doing something he hasn't done in almost 30 months. >>> plus, the irs spends your tax money on a star trek themed training video. and bill gates and condoms. the power block is next. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to family time. this is my family. this is joe. hi joe! hi there! earn a ton of extra points with the double your hhonors promotion and feel the hamptonality. even in stupid loud places. to prove it, we set up our call center right here... [ chirp ] all good? [ chirp ] getty up. call me! seriously, this is really happening! [ cellphone rings ] hello? it's a giant helicopter ma'am. [ male announcer ] get it done [ chirp ] with the ultra-rugged kyocera torque, only from sprint direct connect. buy one get four free for your business. >>> bottom of the hour, i'm brooke baldwin. technology, sports, business, health, science and showbiz news the we're hitting it all for you right now in the power block beginning with this. cbs forced to say sorry for this scene in the amazing race. watch. >> here? oh, there.
a controversial bailout -- and a bank tax in cyprus kept investors on edge. today's closing numbers. the dow fell 62 points. the nasdaq dropped 11 points. and the s-and-p fell eight points. 14,452.06 -62.05 nasdaq 3,237.59 -11.48 s&p -8.60 >> this is a bit of a bottleneck. people are shopping which is great with expectations for the future but we just need standards to become more lose some people can buy. i call this a loser but it is probably a winner. >> restrictions are still heavy. these hurdles are still pretty high? the other loser you have is carnival cruise. it is not difficult to imagine why. >> yes. that i am still having this recurring nightmare that i have a nightmare with carnival cruise lines let us talk about the college basketball team illegal cardinals they are making money! this is getting really difficult reviews but itng revenues. if yu look at disney everything that they touch you want to invest in animation. they have star wars. and avengers and tyey -- they announced several animation projects. >> thank you, rob go to our new channel. comcast 193 for the latest news, as we
/2 points. >>> worries of cyprus continue to weigh on the markets. rejected a bro posed tax on bank deposits casting doubt on a bailout. >>> in the u.s. housing starts jumped .8% in february meeting expectations. meanwhile, building permits a gauge of future construction rose to the highest level since 2008. that's it from cnbc, first in business worldwide. now back to "hardball." >>> there's no one reason we lost. our message was weak. our ground game was insufficient. we weren't inclusive. we were behind in both data and digital. and our primary and debate process needed improvement. >> there's the lift of a driving dream. welcome back to "hardball." rnc chair rience priebus reporting on the state of the republican party and brought relief to establishment types but also angered conservativeses who say priebus, that man there, was exactly wrong, that the party can't win if it moderates its right wing positions. here was rush limbaugh reacting to priebus. >> they think they have to re-brand. reach out to minorities. got to moderate their tone here and moderate their tone there. that's not a
for a eurozone bailout. yesterday, the cypriot parliament rejected a bill to tax bank deposits. today, lawmakers crafted a plan "b." we have a report from jonathan rugman of "independent television news." >> reporter: why would the finance minister of a sun-kissedile be braving moscow's weather? because he's desperate for money. he came begging for around $5 billionuros d doesn't intend to leave without it. >> there were no offers, nothing concrete. we are continuing discussion. we are happy with a good beginning and looking forward to continuing this discussion over the next few hours. >> and while the cypriots have flown to russia, the russians have flown to cyprus. in a country where cash points still work, even if the banks behind them don't. these banks are not set to reopen until next tuesday. any dash for cash, and they could collapse. >> cyprus is facing on the economic side a question of survival. >> reporter: even the orthodox church has joined the scramble for a solution. the island's archbishop today told the president he would put the church's vast property portfolio up as collatera
budget bill would impose almost $1 trillion of tax increases couplihu)ud $875 billion in spending cuts. democrat chris coons of delaware said crafting a budget should be about more than the bottom line. >> we need to do it in a way that both stabilizes our deficit and debt, makes critical investments in growing our economy and preserves the core of the programs on which americans rely. this is not just about numbers. it is also about values. it is also about priorities. >> sreenivasan: republican jeff sessions of alabamaçó called democrats out for how they were using the word balance during the debate. >> they're also using the word balance. they hope people will hear it and think that this means they have a balanced budget. they know they don't have a balanced budget. they won't tell the american people they don't have one. they just use the word. but it's not in their document. >> sreenivasan: sessions forced a vote on an amendment to put democrats on record in opposition to balancing the budget by the end of the decade. it failed on a near-party line vote. lawmakers in north dakot
union bailout plan included a tax on citizens bank savings and parly minute rejected that idea. banks in cypress remain close,ed a least through tomorrow. >>> investors are waiting to hear what ben bernanke says at 11:00 this morning. that's when he will announce what was decided at the policy meeting. most think he will not have any changes to talk about. he thinks the bond-buying stimulus continues to help the u.s. economy. analysts also think he could point out that the bailout situation in cypress shows the ongoing risk of the global economic situation. >>> 7:45. a teenager in petaluma, burned last night in a fire that allegedly started while he was making drugs. police say it happened on east washington street. a 15-year-old boy is accused of starting a small fire while he was making hash oil out of marijuana. he was rushed to the hospital for treatment on burns on his face and hands. he was also given a citation to appear in juvenile court. this comes a month after fema issued an alert on hash oil explosions. the government agency says explosions at homes and hotels around the c
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